Labor cost by country: the latest data
* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
The index reflects the level of the total compensation of employees in the economy. The changes in the next to last column show the percent change in the index from three months ago (or the previous quarter if the data are quarterly) and the last column shows the percent change from the same month (or quarter) last year.
Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
| Countries | Latest available value | Reference date | Change three months | Change twelve months |
|---|---|---|---|---|
| Albania | 143.63 | Q4 / 2022 | 7.14% | 10.83% |
| Australia | 144.30 | Q1 / 2023 | 0.84% | 3.66% |
| Austria | 125.60 | Q4 / 2022 | 0.96% | 3.46% |
| Azerbaijan | 274.22 | Q4 / 2022 | 1.45% | 14.66% |
| Belarus | 276.89 | Mar / 2023 | -5.29% | 13.20% |
| Belgium | 116.50 | Q4 / 2022 | 1.04% | 7.18% |
| Bolivia | 404.34 | Q4 / 2022 | -0.05% | 2.37% |
| Bosnia and Herzegovina | 183.10 | Dec / 2022 | 3.27% | 14.08% |
| Bulgaria | 190.60 | Q4 / 2022 | 4.90% | 18.31% |
| Canada | 152.04 | Q4 / 2022 | 0.80% | 8.65% |
| Chile | 149.82 | Mar / 2023 | 3.19% | 11.20% |
| China | 204.02 | Q4 / 2019 | 4.29% | 3.20% |
| Croatia | 128.00 | Q4 / 2022 | 0.23% | 8.02% |
| Cyprus | 121.80 | Q4 / 2022 | 0.41% | 5.36% |
| Czechia | 142.70 | Q4 / 2022 | 1.93% | 2.66% |
| Denmark | 113.20 | Q4 / 2022 | 0.44% | 4.43% |
| Estonia | 150.20 | Q4 / 2022 | 3.37% | 11.01% |
| Euro area | 119.50 | Q4 / 2022 | 1.79% | 5.57% |
| Finland | 109.70 | Q4 / 2022 | 2.05% | 3.49% |
| France | 115.20 | Q4 / 2022 | 1.41% | 4.63% |
| Georgia | 222.97 | Q4 / 2022 | 11.20% | 21.17% |
| Germany | 124.50 | Q4 / 2022 | 3.06% | 7.33% |
| Greece | 129.20 | Q4 / 2022 | 0.00% | 11.38% |
| Hong Kong | 257.50 | Q4 / 2022 | 0.55% | 2.59% |
| Hungary | 176.80 | Q4 / 2022 | 3.57% | 13.77% |
| Iceland | 144.40 | Q1 / 2022 | 3.81% | 6.96% |
| Ireland | 122.70 | Q4 / 2022 | 1.07% | 8.20% |
| Italy | 110.70 | Q4 / 2022 | 1.37% | 2.69% |
| Japan | 101.10 | Mar / 2023 | 0.90% | 0.60% |
| Latvia | 155.20 | Q4 / 2022 | 3.88% | 7.18% |
| Lithuania | 176.30 | Q4 / 2022 | 3.89% | 15.38% |
| Luxembourg | 116.50 | Q4 / 2022 | -0.26% | 2.55% |
| North Macedonia | 246.95 | Mar / 2023 | 1.81% | 12.68% |
| Malta | 121.80 | Q4 / 2022 | 1.00% | 11.23% |
| Mexico | 183.54 | Mar / 2023 | -14.27% | 12.86% |
| Moldova | 268.34 | Q4 / 2022 | 8.37% | 18.14% |
| Mongolia | 131.78 | Q4 / 2022 | 11.26% | 21.69% |
| Montenegro | 126.30 | Mar / 2023 | 7.78% | 11.75% |
| Netherlands | 120.60 | Q4 / 2022 | 1.09% | 7.20% |
| New Zealand | 1327.00 | Q1 / 2023 | 0.99% | 4.32% |
| Norway | 121.00 | Q1 / 2023 | 0.25% | 3.86% |
| Poland | 158.60 | Q4 / 2022 | -0.25% | 10.45% |
| Portugal | 122.00 | Q4 / 2022 | 0.33% | 4.01% |
| Romania | 198.10 | Q4 / 2022 | 3.72% | 14.51% |
| Russia | 117.09 | Oct / 2021 | -0.94% | 10.32% |
| Rwanda | 118.35 | Q4 / 2022 | -11.33% | 7.09% |
| Samoa | 120.10 | Q4 / 2022 | 1.56% | 0.30% |
| Serbia | 164.50 | Q4 / 2022 | 4.11% | 15.36% |
| Slovakia | 153.10 | Q4 / 2022 | 2.61% | 6.62% |
| Slovenia | 140.90 | Q4 / 2022 | 6.82% | 11.30% |
| South Africa | 137.60 | Q3 / 2022 | 0.15% | 1.93% |
| South Korea | 138.20 | Q4 / 2022 | -2.47% | 6.06% |
| Spain | 113.10 | Q4 / 2022 | 0.62% | 2.82% |
| Sweden | 117.60 | Q4 / 2022 | 0.68% | 3.16% |
| Taiwan | 115.86 | Mar / 2023 | 1.10% | 2.40% |
| Tajikistan | 122.72 | Mar / 2019 | -6.22% | 11.12% |
| Thailand | 117.09 | Q4 / 2022 | 1.66% | 1.67% |
| Turkey | 864.07 | Q1 / 2023 | 54.59% | 124.37% |
| USA | 170.36 | Q1 / 2023 | 1.59% | 7.20% |
| Ukraine | 4541.22 | Jan / 2022 | 3.79% | 18.16% |
| United Kingdom | 204.68 | Mar / 2023 | 1.59% | 4.91% |